Thinking about selling your property?
Thinking about selling your home?
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United States > Maine > Cumberland > Portland

Portland Maine Housing Market Overview

Portland’s real estate market continues to demonstrate strength, with current median home prices around $600,000, which is approximately 40% above the national average. Recent data indicates that 55 homes were sold in November alone, with property values maintaining stability at approximately $396 per square foot. For homeowners facing challenges, such as the 18.2% of South Portland property owners who are currently underwater on their mortgages, alternative selling options are available. The local housing landscape is significantly influenced by Portland’s overall cost of living, which stands at 12% above the national average.

Why now is a good time to sell your property in Portland Maine

We serve throughout Cumberland County, including historic Old Port homes, North Deering developments, single-family houses, and multi-family units. We provide straightforward solutions across neighborhoods, including East End and West End, helping property owners sell without the burden of repairs or extended waiting periods.

Experience a Better Way to Sell Your Portland Home

Benefits of Owner Advocate

Benefits of Owner Advocate

Avoiding the typical 6% commission alone saves approximately $36,000, considering Portland’s median home price. Our streamlined process eliminates the uncertainties often associated with traditional sales.
The process begins with an initial consultation to understand your specific needs, followed by a local market-based property evaluation. Afterward, we present a fair cash offer within 72 hours, concluding with a closing that fits your timeline, typically within 10 days. There are no hidden fees, commissions, or repair costs involved. Plus, you can receive up to $10,000 in advance before closing, providing peace of mind.
$600,000
Median Sale Price
45
Median Days on Market
$396
Price Per Square Foot
55
Number of Homes Sold (Month)
40%
National Price Comparison
12%
Cost of Living vs National
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
Portland Key Takeaways
Median Sale Price:
$600,000
Scottsdale housing market is changing
$600,000
The average home value is $600,000 and goes to pending in around 45 days.
45
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in Portland Maine?

Common situations that necessitate a quick sale include foreclosure, managing inherited property, navigating divorce, or relocating for work commitments. In a market where homes average $600,000, rapid sales become essential for those facing time constraints or financial pressures. Additionally, Maine’s #23 ranking in foreclosure rates impacts many local homeowners. Our extensive network of buyers provides Portland homeowners with the support they need to navigate these challenging situations, offering practical solutions tailored to individual needs.

Frequently Asked Questions About Selling Your Portland Home

Q: How quickly can you close on my Portland home?

A: We can close in as few as 10 days, compared to the typical 45-day traditional sales process. Additionally, we can provide up to $10,000 in advance before closing if needed.

Q: What types of properties do you buy?

A: We purchase all residential properties throughout Greater Portland, including single-family homes, condos, townhouses, and multi-family units, regardless of their condition or location.

Q: Do you buy homes as-is?

A: Yes! No repairs, cleaning, or staging are needed. Our network handles all improvements after purchase.

Q: Are there any fees or commissions?

A: There are absolutely zero fees or commissions. We cover all closing costs, which can save you thousands compared to traditional sales.

Q: How does your process work?

A: Simply share your property details, receive a cash offer within 72 hours, and close on your timeline. It’s simple and hassle-free.

Q: What areas do you serve?

A: We serve all of Greater Portland, including South Portland, Westbrook, Falmouth, Cape Elizabeth, and surrounding areas within Cumberland County.

Get Top Dollar for your Home

Take control of your Portland home sale with our streamlined process. Get your fair cash offer within 72 hours and close in as few as 10 days. Skip repairs, commissions, and lengthy waiting periods. Our network will handle everything from start to finish.
Why Choose Us:
  • Experience and market knowledge
  • Quick cash offers
  • Streamlined process for your convenience
  • Support throughout your selling journey
Get Top Dollar Now